Pender Memorial Hospital Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 13,183,408 | 12,685,906 | 497,502 | 23.7 | 28% |
| 2022 | 34,402,819 | 37,468,637 | −3,065,818 | 9.4 | 24% |
| 2023 | 35,105,750 | 36,656,326 | −1,550,576 | 9.6 | 26% |
In its most recent public year (2023), this organization spent $1,550,576 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 23.7 in 2021. Staff pay was 26% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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